Question

The simple interest on Rs.10 for 4 months at the rate of 3 paise per month is?

Answer 1

Given:

Principal amount (P) = Rs. 10

Time (T) = 4 months

Rate of interest (R) = 3 ps

We know that:

$\huge\boxed{\sf{I = \frac{PTR}{100}}}$

Substituting the values,

We get:

$\implies$ (10 × 4 × 3) / 100

$\implies$ (10 × 12) / 100

$\implies$ 12 / 10

$\implies$ 1.2

Final answer: 1.2 rupees

Answer 2

Step-by-step explanation:

Given,

P = 10

T = 4

R = 3 paise

Now,

SI = PTR/100

SI = 10 × 4 × 3/100

SI = 12/10

SI = 1.20

Therefore, SI = 1.20 rupees

Hope it helps